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Adam Smith did not support a central bank to set interest

Posted on: May 6, 2018 at 10:21:26 CT
ummmm MU
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rates or to provide a monopoly currency; he supported it for a very limited sense re: exchanges of the many competing currencies (rather than just one).

Regardless, even if Adam Smith supported a central bank, how exactly does it make this article wrong re: what Marx supported and what exists today? Talk about a red herring. Is it possible that Adam Smith wasn't right about everything??

Edited by ummmm at 10:21:40 on 05/06/18
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Happy Birthday Karl: Top 10 Goals Of Marx' Manifesto - ummmm MU - 5/6 08:17:35
     horrible article - Ferg STL - 5/6 09:40:47
          in which ways... ?(nm) - ummmm MU - 5/6 09:42:40
               All 10 points are exagerated - Ferg STL - 5/6 09:56:37
                    Yeah, I didn't think you would want to get into specifics. (nm) - ummmm MU - 5/6 10:10:44
                         for example - Ferg STL - 5/6 10:15:54
                              Adam Smith did not support a central bank to set interest - ummmm MU - 5/6 10:21:26
                                   He's trying to prove guilt by association - Ferg STL - 5/6 10:25:22
                                        No, you tried to assert innocence by association, dullard (nm) - 90Tiger MU - 5/6 18:02:01
                                        No, that's the strawman you have built here. - ummmm MU - 5/6 10:27:29
                                             He exagerates and overstates each and - Ferg STL - 5/6 10:32:06
                                                  I don't have a no govt. dogma. I don't know how many times - ummmm MU - 5/6 10:35:43
                                                       Can you name a country that doesn't fit the - Ferg STL - 5/6 10:39:22
                                                            gods below you're already naked here (nm) - 90Tiger MU - 5/6 18:03:21
                                                            Any other specific complaints about the article? - ummmm MU - 5/6 10:44:01
                                                                 I told you. Every single point is exagerated. - Ferg STL - 5/6 10:49:50
                                                                      Oh, I understood your generalizations the first time. (nm) - ummmm MU - 5/6 10:52:17
                                                            Probably not. Karl Marx and his ilk have unfortunately been - ummmm MU - 5/6 10:43:14
                                                                 LOL yes, any government whatsoever is Marxist. - Ferg STL - 5/6 10:48:45
                                                                      You're embarrassing yourself (nm) - 90Tiger MU - 5/6 18:04:10
                                                                      I sometimes wonder how it is possible that a country so - ummmm MU - 5/6 10:56:26
                                                                      No, that's not true. There could be a govt that was set up - ummmm MU - 5/6 10:51:43
     We are only about two obamas away from that. nm - hokie VT - 5/6 09:14:14
          The article talks about the past and present, not the future - ummmm MU - 5/6 09:40:38
               I was not writing a review of the article. I was applying - hokie VT - 5/6 11:39:34
                    You are STUPID! - MizzouTD MU - 5/6 12:45:22
     one of the liberals heroes(nm) - NWMizzouFan MU - 5/6 08:42:12
          Michael Moore praised him for “giving everyone a slice of - MIZ45 MU - 5/6 08:51:55




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